MFI Index Results

I created a year or so ago an MFI index, not unlike the S&P index. This is simply an index based upon 50 MFI stocks that is reconstituted at the start of each year. Here is how the index has fared versus the Russell 3000 by year and inception to date (note it starts in mid February of 2006 as that is when I started):

IWV Performance
	ITD	Annual
2006	9.65%	9.65%
2007	12.33%	2.45%
2008	-30.40%	-38.04%
2009	-9.85%	29.53%
2010	4.84%	16.29%
2011	4.25%	-0.56%
MFI Index Performance
	ITD	Annual
2006	15.03%	15.03%
2007	7.34%	-6.69%
2008	-33.42%	-37.97%
2009	-3.34%	45.18%
2010	18.67%	22.77%
2011	6.25%	-10.47%

Here are the fifty stocks in the expiring index and how they performed (note the final price includes dividends earned during year):

Stock	Start	Last Week	Current	YTD Change	Weekly Change
ARO	24.64	15.58	15.25	-38.1%	-2.1%
AFAM	38.42	16.31	16.58	-56.8%	1.7%
AMED	33.50	10.91	10.91	-67.4%	0.0%
APOL	39.49	53.76	53.87	36.4%	0.2%
AGX	9.27	16.79	15.61	68.4%	-7.0%
HRB	11.91	16.68	16.93	42.1%	1.5%
CSGS	18.94	14.86	14.71	-22.3%	-1.0%
CRME	6.42	2.13	2.63	-59.0%	23.5%
CECO	20.73	7.86	7.97	-61.6%	1.4%
CHKE	18.81	13.42	12.47	-33.7%	-7.1%
NEP	5.76	2.02	2.04	-64.6%	1.0%
CMTL	27.76	30.26	29.62	6.7%	-2.1%
CNXT	1.63	2.38	2.38	46.0%	0.0%
CNU	4.68	6.45	6.45	37.8%	0.0%
COCO	5.21	2.33	2.17	-58.3%	-6.9%
CRTX	5.79	5.76	5.60	-3.3%	-2.8%
CBST	21.40	39.72	39.62	85.1%	-0.3%
DELL	13.55	14.90	14.63	8.0%	-1.8%
DLX	23.02	23.74	23.76	3.2%	0.1%
ELNK	8.60	6.51	6.49	-24.5%	-0.3%
FRX	31.98	30.45	30.26	-5.4%	-0.6%
SOLR	9.12	7.23	7.24	-20.6%	0.1%
GILD	36.24	38.43	38.43	6.0%	0.0%
IPXL	20.11	20.22	20.17	0.3%	-0.2%
IDCC	41.64	43.49	43.97	5.6%	1.1%
LPS	29.52	15.51	15.45	-47.7%	-0.4%
LINC	15.51	8.95	8.65	-44.2%	-3.4%
LO	82.06	118.87	119.20	45.3%	0.3%
MFW	23.10	25.02	25.02	8.3%	0.0%
MRX	26.79	34.10	33.57	25.3%	-1.6%
MSFT	27.91	26.71	26.64	-4.6%	-0.3%
MPAA	13.04	7.39	7.50	-42.5%	1.5%
TNDM	14.44	10.69	10.69	-26.0%	0.0%
OSK	35.24	22.76	21.37	-39.4%	-6.1%
PDLI	6.23	6.76	6.80	9.1%	0.6%
PWER	10.20	3.83	3.91	-61.7%	2.1%
PPD	60.25	66.50	66.50	10.4%	0.0%
PRSC	16.07	13.71	13.76	-14.4%	0.4%
RTN	46.34	50.04	50.06	8.0%	0.0%
SNDK	49.86	50.52	49.21	-1.3%	-2.6%
SCEI	6.61	1.07	1.00	-84.9%	-6.5%
SUPG	2.62	1.66	1.89	-27.9%	13.9%
TNAV	7.28	8.07	7.81	7.3%	-3.2%
TER	14.04	13.75	13.62	-3.0%	-0.9%
TSRA	22.15	16.79	16.75	-24.4%	-0.2%
USMO	17.77	15.15	14.87	-16.3%	-1.8%
UIS	25.89	20.27	19.70	-23.9%	-2.8%
UNTD	6.60	6.04	5.84	-11.5%	-3.3%
VECO	42.96	21.32	20.80	-51.6%	-2.4%
VPHM	17.32	27.77	27.39	58.1%	-1.4%
Totals	11,867	10,705	10,625	-10.5%	-0.74%

Upcoming Year

Here are the stocks comprising the index for the upcoming year along with starting pricies and shares for those of you that want to play along at home.

Stock	Start Price	Shares
AFAM	16.58	12.82
AMED	10.91	19.49
APOL	53.87	3.95
AMAT	10.71	19.85
ASTX	1.89	112.50
CJES	20.93	10.16
CPLA	36.05	5.90
CECO	7.97	26.68
CRAY	6.47	32.86
CPIX	5.38	39.52
DELL	14.63	14.53
DLX	22.76	9.34
DLB	30.51	6.97
XLS	9.05	23.49
EXPE	29.02	7.33
FRX	30.26	7.03
GTAT	7.24	29.37
GME	24.13	8.81
GTIV	6.75	31.50
GNI	110.25	1.93
ESI	56.89	3.74
KLAC	48.25	4.41
KLIC	9.25	22.99
LRCX	37.02	5.74
LPS	15.07	14.11
MEDW	12.82	16.58
MANT	31.24	6.81
MDF	7.47	28.46
MSFT	25.96	8.19
MNTA	17.39	12.23
NSU	5.53	38.45
NOC	58.48	3.64
NVMI	7.37	28.85
PDLI	6.20	34.29
PETS	10.38	20.48
PWER	3.91	54.38
RTN	48.38	4.39
SAI	12.29	17.30
SNDK	49.21	4.32
SAVE	15.60	13.63
TNAV	7.81	27.22
TER	13.63	15.60
TSRA	16.75	12.69
USMO	13.87	15.33
USNA	30.37	7.00
UIS	19.71	10.79
EGY	6.04	35.20
VECO	20.80	10.22
VPHM	27.39	7.76
VG	2.45	86.78